The Ledger

Every statement that passed quotation and attribution checks. Mix any filter with any other: certainty 1/5, debate potential 5/5, or both at once.

clear all ✕

why aren't all 3 resolved? a statement only gets an assessment when the public record can support or contradict it. opinions and what-ifs never can, and 0 checkable ones are still open, waiting for their date. predictions held up or didn't; assertions are supported or contradicted. on every card: ▮▮▮▮▮ certainty · ▮▮▮▮▮ debate potential. speakers are clickable

Assertion Supported
Kirkland & Ellis reached $6B in revenue and $3.5B in profit
“I think in the last decade, we've tripled our revenue, grown from a thousand lawyers to now almost 3000. We have 19 offices across the United States, Europe, and Asia. Technically, it's six billion dollars of revenue, three and a half billion dollars of distri…”
Jon Ballis Oct 24, 2022 ▶ 9:07 Jon Ballis – In the Room Where Private Equity Happens at Kirkland & Ellis (Capital Allocators, EP.277)
Assertion Supported
Ballis: Reverse breakup fees became ubiquitous in PE buyouts after 2005
“Until 2005, the way deals worked is that the private equity sponsor would say, I'd love to buy your business for a hundred dollars, but I'm borrowing 50 dollars, and if I can't get my mortgage, I've got a mortgage contingency in my contract, and there was a de…”
Jon Ballis Oct 24, 2022 ▶ 33:50 Jon Ballis – In the Room Where Private Equity Happens at Kirkland & Ellis (Capital Allocators, EP.277)
Assertion Supported
Ballis: Kirkland alumni have held senior roles in every presidential administration since Bush 41
“We've had people in significant roles, at least in every administration I know just off my head, since Bush, 41, through Clinton, Bush, 43, Obama, And Trump. And now Biden. We've had people in very senior roles throughout all of them.”
Jon Ballis Oct 24, 2022 ▶ 46:39 Jon Ballis – In the Room Where Private Equity Happens at Kirkland & Ellis (Capital Allocators, EP.277)
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